Sooner company has had a net income of $7,000, $4,300, $8,500, and $9,300 over the first four years of the company's existence. if the average annual amount of dividends paid over the last four years is $2,200, what is the ending retained earnings balance?

Ask your question to the AI advisor

Ai-bot is an expert in any field and is the perfect companion for reliable and useful answers and advice on a variety of topics, including science, history, technology, art, sports, health, culture and more.